NOT LISTED FOR SALE

12762 Meyers Rd Detroit, MI 48227

Grand River-I96 Neighborhood

Estimated Value: $43,000 - $69,227

3 Beds
2 Baths
1,446 Sq Ft
$39/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $22,500 $16 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $380/month

112 Days on Market

Highlights

  • Balcony
  • Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10

About This Home

As of August 2019

Great investment opportunity, 1st tenant already in! Requires min. of 24hr notice. Please DO NOT DISTURB TENANTS. Schedule showing requests through ShowingTime.

Last Agent to Sell the Property

Angela Jackson

National Realty Centers, Inc License #6501398550 Listed on: 04/08/2019

Last Buyer's Agent

Angela Jackson

National Realty Centers, Inc License #RCO-6501398550

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 40x101

Parking

  • On-Street Parking

Home Design

  • Brick Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,446 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Glendale Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I045891S

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 340
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1446
  • Total Sq Ft: 1446
  • Sq Ft Total Bsmt: 964

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Vinyl
  • Foundation Materials: Brick/Mortar, Poured
  • Frontage Feet: 40
  • Porch Type: Balcony, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: On Street

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air, Separate Meters, Window/Wall Unit
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 276666.6667
  • Lot Size Area: 0.09
  • Lot Dimensions: 40x101
  • Parcel Number: W16I045891S
  • Zoning: Residential

Rental Info

  • Rent Includes: Water/Sewer
  • Monthly Rental Income: 875

Tax Info

  • Tax Amount Summer: 720.0000
  • Tax Amount Winter: 45.0000
  • Total Tax: 765.0000

Multi Family

  • Gross Scheduled Income: 10500.00
  • Number Of Units Total: 2
  • Unit Count: 2
  • Number of One Bedroom Units: 1
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 1

MLS Schools

  • School District: Detroit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
Aug 16, 2019
Sold by
White Otis
Bought by
Wang Feng Faith
Seller's Agent
Angela Jackson
National Realty Centers, Inc
Buyer's Agent
Angela Jackson
TeamHarveyUSA! Realty Inc
List Price
$24,900
Sold Price
$22,500
Premium/Discount to List
-$2,400
-9.64%
Current Estimated Value
$56,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,807
Avg. Annual Appreciation
13.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wang Feng Faith $22,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $22,500 -9.6% $16 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
06/03/2019 06/03/19 Price Changed $24,900 0.0% $17 / Sq Ft
06/03/2019 06/03/19 For Sale $24,900 +10.7% $17 / Sq Ft
05/21/2019 05/21/19 Off Market $22,500 -- --
04/23/2019 04/23/19 Price Changed $28,900 +16.1% $20 / Sq Ft
04/08/2019 04/08/19 For Sale $24,900 -- $17 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $955 $14,900 $0 $0
2024 $955 $11,900 $0 $0
2023 $926 $14,200 $0 $0
2022 $982 $12,600 $0 $0
2021 $957 $9,200 $0 $0
2020 $957 $8,100 $0 $0
2019 $688 $8,100 $0 $0
2018 $721 $9,000 $0 $0
2017 $92 $10,600 $0 $0
2016 $767 $40,500 $0 $0
2015 $560 $5,600 $0 $0
2013 $792 $7,920 $0 $0
2010 -- $11,348 $696 $10,652
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Angela Jackson

    National Realty Centers, Inc

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Map

Source: Realcomp

MLS Number: 219033502

Realcomp

APN: 16-045891

Michigan Wayne County Detroit 48227 Grand River-I96

12762 Meyers Rd, Detroit, MI

This home is located at 12762 Meyers Rd, Detroit, MI 48227 since 08 April 2019 and is currently estimated at $56,307, approximately $38 per square foot. This property was built in 1925. 12762 Meyers Rd is a home located in Wayne County with nearby schools including Noble Elementary-Middle School, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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